Tag: BusinessNews

Vikash Modi, the newly appointed Head of Human Resources at AU Small Finance Bank, in a professional and approachable pose.
Trapit Bansal, an AI researcher and IIT Kanpur alumnus, smiling confidently.
Bharat Forge and AAM India Manufacturing logos side-by-side, or an image symbolizing a merger in the automotive sector.
Pradeep Raman, the new CEO of Southeast Asia at WIZ, looking poised and professional.
A handshake symbolizing an acquisition or two company logos (UGRO Capital and Profectus Capital) merging, representing a strategic business move.
Manish Dua, the newly appointed Chief Growth Officer at TripJack, in a professional portrait.
Raxit Bisht smiling, a professional headshot.
Anthea Guazzelli, GHD's new APAC Marketing and Communications Leader, smiling confidently.
Shun Endo, Head of Data Centre, Capital Markets, Asia Pacific at CBRE, in a professional setting.
Microsoft announced its second round of layoffs this year, affecting approximately 9,000 employees. This is 4% of their global workforce. This massive layoff comes after the company eliminated 6000 positions in May and 300 more in June. The total job cuts in 2025 are over 15,000. The reductions span across multiple segments, like Xbox, gaming, engineering, and management. Xbox head Phil Spencer noted the cuts will streamline operations by removing management layers. Despite the job cuts, Microsoft has reported a revenue of nearly $70 billion and $26 billion in net income in its last quarter. The company is providing internal recruitment of employees who are facing the crisis.